May 11th CEOcast Weekly Newsletter
Companies featured in this edition of the newsletter: ACTC, CBAI, CNLG, ESYM, GERS, IWEB, PHC, PSTI, SRRY, SVUL Markets extended their gains into yet another week, spurred on by strength in the financial sector resulting from the announcement of data from the government stress test on banks and more positive economic data suggesting that recessionary pressures may finally be lifting. All told, the Dow managed to close up 362, gaining 4.4% to close at 8574, trimming its YTD losses to 2.3%. The Nasdaq underperformed the rest of the major indices on the week, closing up 1.2% at 1739, but still…